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First NFT sees the light of day on the Dogecoin blockchain



DOGE developers have succeeded in mining the very first NFT on the DOGE blockchain, which is an enormous milestone for the original Meme Coin project.

First NFT on Dogecoin blockchain

A DOGE developer created the very first non-fungible token (NFT) on the Dogecoin blockchain. The person behind the NFT, known on Twitter as invetiable360 has, on 13 December in tweet detail of the transaction published.

“ First NFT ever“ minted ”on #Dogecoin blockchain! How can it be done? Proof on screens! Dogecoin NFT “Embossed” Transaction: 19aeaa88859c04a333257f1119a77438ac08feec424c6ad3645a0679c8be988. ”

The details of the transaction show that the first Mint process cost only 0.1 DOGE ($ 0.0018 USD). The developer described the process and said he had used SHA256 hash functions to mint the NFT. The NFT was then stored on a checksum, which is in a small block of data from another block of digital data.

After the successful mint process of the NFT, the DOGE developer received a lot of attention and support from other developers, including the Dogecoin founder Billy Markus.

Some of the commentators made donations to the developer via the SoDogeTip bot. This tip bot was launched earlier this month.

NFTs recently entered the blockchain space. However, the minting costs of top blockchains like Ethereum are a big problem.

Interestingly, the cost of the NFT on the Dogecoin blockchain was only $ 0.0018, which is tremendous efficiency compared to the cost of the NFTs on the Ethereum blockchain, where they can cost hundreds of dollars.

Dogecoin Core developer, Michi Lumin, said:

“NFTs with no gas fees and less energy consumption. Very nice. Doge too. Impressive."

Dogecoin was launched as a meme coin. However, recent developments show that DOGE can be used for other purposes.

Tesla CEO Elon Musk wrote on Dec. 14 that Tesla will accept DOGE as payment for some of its goods. This is an important milestone in the history of DOGE. Shortly after this announcement, over 4 billion USD flowed into DOGE.

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